SK Hynix earned an estimated $14 billion last year, up 40% from 2017, on revenue of $36 billion—an impressive 39% profit margin. In September SK Hynix ranked No. Shares of SK Hynix, meanwhile, rose 51% while he was in prison as 2014 net profits climbed 40%; shares in SK Holdings almost tripled as its earnings soared 90%. SK Hynix has a head start in NAND chips, but lacks scale. Despite its impressive earnings growth since 2013, SK Hynix now faces a downturn amid a looming glut of memory chips.

Source: Forbes March 14, 2019 03:45 UTC